Overview

FinMark Trust (FMT) is an independent trust established in 2002 with the objective of making markets work for the poor. Initial core funding was provided by UKaid from the Department for International Development (DFID) through its Southern Africa office. Recently additional funders have come on board including the UNCDF, the Bill and Melinda Gates Foundation, the MasterCard Foundation as well as private and public institutions at country level. FinMark Trust’s purpose is ‘Making financial markets work for the poor, by promoting financial inclusion and regional financial integration’ as well as institutional and organisational development, in order to increase access to financial services for the un-served and under-served. FinMark Trust commissions research to identify the systemic constraints that prevent financial markets from reaching out to these consumers and by advocating for change on the basis of the research findings.

FinMark Trust achieves its purpose by:

  • Playing a catalytic role to make financial markets accessible, sustainable and inclusive by promoting and supporting policy and institutional change across Africa;
  • Providing information that encourages financial service providers to understand the potential and characteristics of new market segments;
  • Promoting financial capability and consumer financial protection;
  • Promoting growth and integration in the financial services sector in Southern Africa, focusing on SADC member states and contributing to the process of regional policy harmonisation, together with translating and setting best practice through evidence-based advocacy.

Our Trustees

Cas Coovadia

Cas Coovadia

Chair
Ishmael Mkhabela

Ishmael Mkhabela

Ethel Matenge-Sebesho

Ethel Matenge-Sebesho

Our Team

Brendan Pearce

Brendan Pearce

Chief Operating Officer
Prega Ramsamy

Prega Ramsamy

SADC Engagement Executive
Nikki Kettles

Nikki Kettles

Manager: SADC MAP and Payment Systems | FMT Operations
Kingstone Mutsonziwa

Kingstone Mutsonziwa

Head of Information and Research
Grant Robertson

Grant Robertson

Head of i2i Data
Marlene Ehmke

Marlene Ehmke

Deputy Project Manager and Financial Coordinator
Ashenafi Fanta

Ashenafi Fanta

Data analysis and Segmentation Expert
Michael Dos Santos

Michael Dos Santos

Portal Manager
Jabulani Khumalo

Jabulani Khumalo

Senior Information and Research Specialist
Abel Motsomi

Abel Motsomi

Information and Research Specialist
Damola Owolade

Damola Owolade

Data Research Specialist
Mojgan Derakhshani

Mojgan Derakhshani

Financial Inclusion Specialist
Bobby Berkowitz

Bobby Berkowitz

Data Research Specialist
Obert Maposa

Obert Maposa

Information and Research Specialist
Matthew Emanuel

Matthew Emanuel

Digital Finance Specialist
Michael Tsikai

Michael Tsikai

Accountant
Cornelia Matumba

Cornelia Matumba

Research Associate
Brenda Maripane

Brenda Maripane

Programme Assistant
Priscilla Cebisa

Priscilla Cebisa

Office and Events Management Assistant
Precious Mncube

Precious Mncube

Administrator
Ellen Motiang

Ellen Motiang

Office Assistant

Our Funders